Regions

PERE Credit 100 launch arrives at an industry-wide inflection point

PERE’s debut ranking of the top 100 private real estate credit fundraisers is preceding a cycle where managers are expected to play a more significant role in refinancing and supporting the real estate industry’s transaction momentum.

Core real estate stands to benefit from rising infrastructure risk

The strategy is regaining its appeal as other real assets become more vulnerable amid heightened geopolitical tensions, writes Josh Pristaw, president at Clarion Partners, real estate investment manager of Franklin Templeton.

Partners Group’s Asia real estate boss to step down

Chien’s departure is the latest in a number of recent senior leadership changes in the Partners Group’s real estate business.

Affinius nears $1bn raise for first data center fund

The Texas-based manager has pulled in $905m to date for the US-focused vehicle, backed by investors including Canadian pension La Caisse.

Brookfield forms ground-lease JV with specialist Safehold

The manager acquired a non-controlling stake in a US portfolio assembled by public REIT Safehold, which has options to reacquire it after seven years.

Japanese real estate investors raise return targets amid rising rates

The country’s institutions are recalibrating their core-heavy strategies to focus more on value-add opportunities.

Trinity Church, one of New York’s biggest landowners, is bullish on RE credit

The endowment is also optimistic about resilient office assets and a market rebound amid renewed leasing momentum.

Investors are writing real estate checks, just not necessarily to funds

Capital allocators’ demand for bespoke vehicles means attracting capital to traditional commingled funds remains tough.

Partners Group holds first close for latest real estate secondaries strategy

The manager has secured more than $650m across a global program focused primarily on GP-led secondaries but seeded with an LP-led fund portfolio.

JPMorgan Private Bank ‘revisiting a lot of real estate managers’

Asia head of alternatives Albert Yang sees property coming back after a challenging period for the asset class.